[Ferro-Alloys.com] The European Union is looking to reorganise its restrictions on steel imports in a preemptive decision to protect the bloc from majors economic fluctuations as it recovers from the fallout of the coronavirus pandemic. European Commission said in a notice “It is fundamental that the gradual resumption of activity and return to normality take place in an orderly manner, in such a way that all participants in the EU steel market find their traditional place. The proposed adjustments should deter any undue stockpiling behavior in the very early phases of the recovery that could empty the market in an opportunistic manner. These opportunistic practices not only seriously endanger the obligation to preserve traditional trade flows in terms of origins, but also risk unduly displacing domestic production.”